Introduction
On September 16, 2025, mortgage rates are showing subtle shifts that could influence your next move in the housing market. If you’re eyeing a VA loan, now’s a good time to note that Navy Federal Credit Union’s 15-year VA loan at 4.75% stands as today’s lowest rate across credit unions and national averages alike. Meanwhile, Zillow reports a slight uptick in jumbo loan rates, with the 30-year fixed jumbo rising to 6.28%, signaling some tightening for higher-value purchases. The Federal Reserve’s inflation breakeven rates remain steady, suggesting inflation expectations are balanced. Here’s what you need to know before locking in a rate, whether buying your first home or refinancing for better terms.
New Purchase - VA 15 yrs Fixed
Lender
2025-09-16
(Current Day)
(Current Day)
2025-09-09
(7 Days Ago)
(7 Days Ago)
2025-09-01
(15 Days Ago)
(15 Days Ago)
2025-08-17
(30 Days Ago)
(30 Days Ago)
2025-08-02
(45 Days Ago)
(45 Days Ago)
2025-07-18
(60 Days Ago)
(60 Days Ago)
2025-06-18
(90 Days Ago)
(90 Days Ago)
5.25%
5.25%
5.88%
+62.5 bps
5.88%
+62.5 bps
5.75%
+50 bps
6.38%
+112.5 bps
4.75%
4.88%
+12.5 bps
5.13%
+37.5 bps
5.13%
+37.5 bps
5.38%
+62.5 bps
5.38%
+62.5 bps
New Purchase - VA 30 yrs Fixed
Lender
2025-09-16
(Current Day)
(Current Day)
2025-09-09
(7 Days Ago)
(7 Days Ago)
2025-09-01
(15 Days Ago)
(15 Days Ago)
2025-08-17
(30 Days Ago)
(30 Days Ago)
2025-08-02
(45 Days Ago)
(45 Days Ago)
2025-07-18
(60 Days Ago)
(60 Days Ago)
2025-06-18
(90 Days Ago)
(90 Days Ago)
6.38%
6.38%
6.75%
+37.5 bps
6.75%
+37.5 bps
6.88%
+50 bps
5.88%
-50 bps
5.88%
-50 bps
5.88%
5.88%
5.99%
+11.5 bps
6.00%
+12.5 bps
6.13%
+25 bps
6.13%
+25 bps
CAPITAL CREDIT UNION
On September 16, 2025, Federal VA Loans for home purchases show stable and slightly improving borrowing costs. The 15-year VA loan rate decreased by 12.5 basis points to 5.0%, representing the lowest rate available among today's options; this reduction lowers the yield spread and cost of borrowing for veterans seeking shorter-term financing. Conversely, the 30-year VA loan remains steady at 5.5%, with no change over the past week, maintaining consistent long-term financing costs.
For members prioritizing predictable payments, the drop in the 15-year VA fixed rate may enhance affordability and accelerate equity building. Those considering longer terms should note the stable 30-year rate, which supports budget planning without unexpected rate shifts.
Evaluate your mortgage strategy by comparing term lengths and recent rate trends; consider fixed-rate options if stability is key or refinancing if potential savings outweigh associated fees. For details, visit https://www.capitalcu.com/mortgage-rates.
CREDIT UNION WEST CREDIT UNION
As of September 16, 2025, VA Purchase loans show notable rate declines, with the 15-year fixed VA loan at 4.99%, down 13.5 basis points from last week and representing the lowest rate available today. The 30-year fixed VA loan stands at 5.375%, decreasing by a substantial 50 basis points over seven days, signaling a meaningful reduction in borrowing costs for eligible veterans. These downward shifts in yield spreads improve affordability for first-time buyers and veterans seeking long-term financing options. Members prioritizing payment stability may find the 15-year VA fixed product advantageous, while those focusing on extended terms should consider the recent improvements in the 30-year VA option. Given these changes, it is prudent to evaluate mortgage strategies carefully and consider refinancing opportunities where cost savings outweigh associated fees. For details, visit https://www.cuwest.org/borrowing/mortgages/purchasing-a-home.
EDUCATORS CREDIT UNION
On September 16, 2025, VA 15 Year Fixed Purchase loans hold the lowest rate at 5.125%, unchanged from one week ago, but down 0.375 percentage points from 15 days prior. The VA 30 Year Fixed Purchase rate remains steady at 5.625%, matching last week’s yield and improving by 0.375 percentage points compared to two weeks ago. These stable yields indicate consistent borrowing costs for veterans seeking long-term financing options. First-time buyers and current homeowners should consider that fixed-rate VA products maintain predictable payments amid minor recent fluctuations in mortgage markets. Evaluating your mortgage strategy with fixed terms can offer financial clarity; likewise, refinancing may be advantageous if the long-term savings exceed associated costs. For details, visit https://www.ecu.com/personal-banking/home-loans/buy-a-home/#rates.
FIRST COMMUNITY CREDIT UNION
As of September 16, 2025, the 30-year VA Purchase loan offers a rate of 5.25%, marking a significant decrease of 37.5 basis points compared to one week and one month ago. This reduction in yield spreads lowers the cost of borrowing for veterans seeking to purchase a home through VA financing. For first-time buyers and veterans, this presents an opportunity to secure more favorable long-term fixed rates, enhancing affordability over the loan term. Given the current downward trend, members should evaluate their mortgage strategies carefully; those considering home purchases may benefit from locking in these lower rates now. Additionally, veterans with existing VA loans could explore refinancing options if potential savings exceed associated costs. For details, visit https://fccu.org/rates/home-loan-rates.
HANSCOM FEDERAL CREDIT UNION
As of September 16, 2025, VA purchase mortgage rates show distinct movements. The 15-year VA fixed-rate loan remains steady at 5.125%, maintaining the lowest yield in this category with no change over the past week. Conversely, the 30-year VA fixed-rate loan has decreased by 12.5 basis points to 5.75%, lowering the cost of borrowing for veterans seeking longer-term financing.
These shifts suggest that veterans considering home purchases may find more favorable long-term financing conditions with the 30-year option, while those prioritizing shorter terms benefit from stable rates on the 15-year program. Members should evaluate their mortgage strategy accordingly; fixed-rate products continue to offer predictable payment structures amid moderate rate adjustments.
Given these dynamics, members are advised to assess refinancing potential if current rates improve their financial position and align with long-term goals. Consider fixed-rate options if you value payment stability over time. For details, visit https://www.hfcu.org/rates/mortgage-rates.html.
MOUNTAIN AMERICA FEDERAL CREDIT UNION
As of September 16, 2025, VA purchase mortgage rates remain steady compared to one week ago. The 15-year VA fixed rate holds at 4.875%, unchanged over the past 7 days, representing the lowest rate among available VA options. The 30-year VA fixed rate also remains stable at 5.375%, with no change from last week. Compared to rates 60 days prior, both terms reflect a notable decline in borrowing costs, down approximately 62 to 75 basis points, offering improved affordability for veterans seeking home financing.
For members prioritizing predictable payments, the unchanged rates suggest stability in yield spreads and borrowing expenses this week. First-time buyers and veterans may find evaluating fixed-rate VA loans beneficial given current market consistency. Those considering longer-term commitments should assess if locking in today’s rates aligns with their financial strategy, while monitoring potential shifts in broader market conditions.
Consider reviewing your mortgage approach periodically; stable rates like these may support refinancing evaluations if projected savings exceed associated costs. For details, visit https://www.macu.com/rates/home.
NAVY FEDERAL CREDIT UNION
As of September 16, 2025, VA 15 Year Purchase loans remain at a competitive 4.75% with 0.5 points, holding steady over the past week and showing a notable 25 basis points decline over the last 30 days. This represents a reduced cost of borrowing for veterans seeking shorter-term financing. Meanwhile, the Military Choice 30 Year Purchase loan maintains a rate of 6.375% with 0.5 points, unchanged from last week but down 37.5 basis points compared to 30 days ago, offering long-term stability despite higher absolute yields.
Veteran buyers considering these products should weigh the benefits of lower rates on shorter terms against their cash flow needs. Fixed-rate options like the VA 15 Year provide predictable payments, while the Military Choice 30 Year supports extended affordability with historically improved yield spreads.
Members are advised to evaluate refinancing if current rates offer meaningful savings beyond closing costs or to consider fixed-rate loans for consistent budgeting. For details, visit https://www.navyfederal.org/loans-cards/mortgage/mortgage-rates.html.
PENTAGON FEDERAL CREDIT UNION
On September 16, 2025, the 30-year VA Loan Purchase rate stands at 5.25% with 1.0 point, reflecting a decline of 12.5 basis points compared to one week ago. This decrease in yield spreads slightly lowers the cost of borrowing for eligible veterans and service members, improving affordability for first-time buyers using this government-backed program. The downward movement may encourage veterans to evaluate purchasing options or consider locking in fixed rates to mitigate future volatility. Members should assess their mortgage strategies carefully; if stable payments are a priority, fixed-rate VA loans remain advantageous. Additionally, considering refinancing opportunities could be beneficial if long-term savings exceed associated costs. For details, visit https://www.penfed.org/mortgage/mortgage-rates?_ga=GA1.1.113342144.1749209030&mcid=44478617903031329443022793571867311851
POTLATCH NO. 1 FINANCIAL CREDIT UNION
As of September 16, 2025, VA Purchase Mortgage Rates remain steady with the 15-Year Fixed and 30-Year Fixed programs holding at 4.75% and 5.25%, respectively. There has been no change over the past week, indicating stable yield spreads for veterans seeking to purchase homes. These fixed rates provide predictable borrowing costs, benefiting members prioritizing long-term payment certainty. First-time veteran buyers can assess these rates against their financial plans without concern for short-term volatility. Given the unchanged rates, members should consider whether locking in a fixed rate aligns with their mortgage strategy or if monitoring market trends for potential shifts is prudent. For details, visit https://www.p1fcu.org/personal/mortgage-rates.
WASHINGTON STATE EMPLOYEES CREDIT UNION
As of September 16, 2025, VA Purchase Loans show stable rate conditions compared to last week, with the 15-Year Fixed Rate at 5.25% and the 30-Year Fixed Rate at 5.875%, both unchanged over seven days. Over the past 30 days, these rates have declined by 62.5 basis points for the 15-year and 12.5 basis points for the 30-year term, reducing the overall cost of borrowing for veterans pursuing home purchases. The lower yield spreads on the shorter term provide an attractive option for borrowers prioritizing faster equity buildup and reduced interest expense. Members should consider their long-term financial goals; those valuing payment stability may prefer fixed-rate terms, while evaluating refinancing opportunities could be beneficial if current rates present meaningful savings relative to closing costs. For details, visit https://wsecu.org/loans/mortgage-purchase.
WHATCOM EDUCATIONAL CREDIT UNION
On September 16, 2025, VA 15-Year Fixed Purchase loans offer the lowest rate at 4.75%, down 12.5 basis points from last week and 37.5 basis points lower than 30 days ago, reflecting a meaningful reduction in borrowing costs for veterans seeking shorter-term fixed financing. Conversely, the VA 30-Year Fixed Purchase rate remains steady at 5.75%, unchanged from last week but decreased by 25 basis points over the past month, providing long-term stability with moderate yield improvements.
These movements suggest that veterans aiming for quicker payoff periods can benefit from recent rate declines, while those preferring longer terms maintain consistent rates with gradual cost reductions. Members should analyze their financial plans accordingly; consider fixed-rate products if stability is a priority or evaluate refinancing strategies to optimize loan terms and reduce total interest paid.
For details, visit https://www.wecu.com/homeloans/purchase/.
Zillow National Average
Mortgage rates show a mixed trend today, with the 15-Year Fixed Rate Jumbo at 6.165%, increasing by 3 basis points from yesterday, while the 30-Year Fixed Rate Jumbo has decreased to 6.277%, down 7 basis points. Over the past week, the 30-Year Fixed Rate Jumbo saw a minor rise of 4 basis points, but in the past month, it has declined by 13 basis points. Conversely, the 15-Year Fixed Rate Jumbo has experienced a more significant decrease of 76 basis points over the last 60 days. Borrowers should consider these fluctuations when evaluating their options, as current trends indicate varying costs of borrowing across different loan products.
Federal Reserve Economic Trends
Current inflation expectations are reflected in the Breakeven Inflation Rates, with the 10-year rate at 2.370% and the 5-year rate at 2.410%. The recent shifts in mortgage rates, particularly the significant decline of 6.58 points over the past 30 days for Mortgage 30Yr Average Rates, highlight the evolving landscape of borrowing costs. Notably, the lowest mortgage rate is observed in the Mortgage 30Yr VA Average Rates at 5.724%. Additionally, a modest increase of 0.10 points in Mortgage 30Yr Jumbo Average Rates over the last week may influence borrower decisions moving forward. Monitoring these indicators can provide valuable insights for those considering financing options in a fluctuating economic environment.
LendMesh
Sometimes, the spark for a new home comes from an open house sign on a weekend drive or a conversation with a friend about their latest move. At LendMesh, we love seeing those sparks turn into plans and, ultimately, proud homeowners. Our mission is to connect you with top banks and trusted credit unions, so you get the best rates and honest answers, no matter your stage in the process. Whether you’re mapping out your dream neighborhood or just starting to explore mortgage rates, we’re here to help with guidance you can trust. Want to see your options? Visit our Mortgage Loans page at https://www.lendmesh.com/loans/mortgage_loans . LendMesh believes your homebuying adventure should feel exciting—and totally possible.
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Conclusion
Even small changes in mortgage rates can ripple through your monthly budget and overall loan cost. The recent decline in VA 30-year rates by nearly 10 basis points at the federal level could translate into meaningful savings for veterans and military families considering purchase loans. At the same time, slight increases in jumbo loan rates remind buyers to act thoughtfully and compare offers carefully. If you’re refinancing or purchasing, focus on your personal financial goals rather than chasing every fraction of a point; a well-chosen rate today can save thousands over time without rushing decisions. Keep an eye on these trends and lean on trusted institutions offering competitive options like Navy Federal or Credit Union West to find the best fit for your home financing journey.